Toray to buy shares of Hong Kong knitter

July 18th, 2017

Knitting Industry reports that Japanese company Toray Industries has agreed to acquire shares in Hong Kong–based Pacific Textiles Holdings. Toray has signed a share purchase agreement to acquire 28.03 percent of Pacific Textiles from Far East Asia Ltd. Closing is expected to occur in July. Pacific Textiles has been manufacturing and trading textile products since […]

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